Editing 1930s (section)

==Economics==
[[File:UnemployedMenHopTrain.jpg|thumb|In the United States the significantly high unemployment rate lead many unemployed people to use freight trains in order to seek employment in various cities across the country]]

* The [[Great Depression]] is considered to have begun with the fall of stock prices on September 4, 1929, and then the [[stock market crash]] known as [[Wall Street crash of 1929|Black Tuesday]] on October 29, 1929, and lasted through much of the 1930s.
* The entire decade is marked by widespread unemployment and poverty, although deflation (i.e. falling prices) was limited to 1930–32 and 1938–39. Prices fell 7.02% in 1930, 10.06% in 1931, 9.79% in 1932, 1.41% in 1938 and 0.71% in 1939.<ref>{{cite web|title=Inflation and CPI Consumer Price Index 1930–1939|url=http://inflationdata.com/articles/inflation-cpi-consumer-price-index-1930-1939/|url-status=live|archive-url=https://web.archive.org/web/20140504110518/http://inflationdata.com/articles/inflation-cpi-consumer-price-index-1930-1939/|archive-date=2014-05-04}}</ref>
* [[Economic interventionism|Economic interventionist policies]] increase in popularity as a result of the Great Depression in both authoritarian and democratic countries. In the Western world, [[Keynesianism]] replaces [[Classical economics|classical economic theory]].
* In an effort to reduce unemployment, the United States government created work projects such as the [[Civilian Conservation Corps]] (CCC) which was a public work relief program that operated from 1933 to 1942 to maintain National Parks and build roads. Other major U.S. government work projects included [[Hoover Dam]] which was constructed between 1931 and 1936.
* Rapid industrialization takes place in the [[Soviet Union]].
* [[Prohibition in the United States]] ended in 1933. On December 5, 1933, the ratification of the [[Twenty-first Amendment to the United States Constitution|Twenty-first Amendment]] repealed the [[Eighteenth Amendment to the United States Constitution]].
* Drought conditions in Oklahoma and Texas caused the [[Dust Bowl]] which forced tens of thousands of families to abandon their farms and seek employment elsewhere.